This new menu is quite a mess...

So here is a list of issues i gathered:

Existing things that broke:

• Can't cancel fishing animation anymore with new lifeskill equipment menu [bug report] / Can't immediately select stance (by hotkey)
• Equipped Fishing Equipment Models Not Displaying Correctly [bug report]
• Character doesn't automatically pick up fishing again anymore after disconnects
• Named NPCs (who completed the 'Mystical Fish' quest) don't have a fishing rod equipped anymore (originally they should be fishing...)
  

New things that broke/are incomplete

• Fishing Chair is missing in "Life" equipment tab (and other items: Processing Stone, Hunting Equipment)
• Zoomed UI (UI Scale) can hide the "Switch Stance" Button behind the currently fishing banner/UI so it becomes inaccessible
• Can't configure the key to activate the radial menu
• The key to hold to open the radial menu is hardcoded, and the text is hinting at the incorrect hotkey depending on one's layout
• Can't immediately bring up the radial menu (having to hold hotkey is too slow/unresponsive UX)
• The UI/Button is really unresponsive (takes 0.5s to be able to click it again)
• The radial menu requires the mouse cursor to be hidden (CTRL key to toggle mouse)
• The amount of cursor movement required to select a different menu-item seems off/unpredictable/unequal. It is sometimes possible to move a single pixel and change the selection. Instead of using an invisible cursor position directly, consider relative movement to determine the direction.

To solve most of these issues, you can simply provide a proper way to switch stances by using a hotkey, as it was possible before.

We used to be able to put both the fishing rod and a mainhand weapon/outfit skin onto the hotbar. This way we could immediately switch stances regardless of the current animation.

Something else I noticed this morning, after a full night of afk fishing my Crio chair usually has zero durability, now it seemed stuck at 100/200... Kept on fishing for a bit during breakfasts but didn't go down. 

/edit: Well, just got home from work after full day of afk fishing and things worked normally so I dunno what's up? Weird fluke last night...?

/edit2: Nah, after another night and day: something is definitely off with afk fishing, feels like auto time reduction isn't working as it should...

" Character doesn't automatically pick up fishing again anymore after disconnects "

For me it has been a coinflip if fishing picks back up or not after a disconnect. Even worse fishing directly causes disconnects for me since about 2 years back. Only mentioning this because I can afk ride horses on loop fine so it is something with fishing specificly.

Not having the ability to put fishing rods in the hotbar really sucks; I really hope they make it possible to do that again. Also the description for how to activate the radial menu is rather misleading, since you have to hold the key, not just press it.

After the update, I realized my Liana's Tool Bag is missing and it was loaded with my magic tools.

it isnt in my inv, not in pearl inv. not in bank storage. i searched with my maid and had no results.

it is not in the trash either, or at least nothing to be retrieved.

i only recently graduated season pass and quested for that bag and im kinda upset that it's gone along with all my magic tools.

The items should be in your Heidel Storage. If you cant find them there, please send a ticket. Make sure to also check the locked slot if you are at full capacity in that storage.

Liana's Tool Bag was deleted, becuase it can't be used anymore.

The Magic Tools should be in your Heidel storage, like Minarya already said.

the chair and rods and float are not using durability up like they should after a night fishing the chair would be dead and poll and flot almost used up now they are like half way so it not working right

Exactly!

And in case anyone is still having trouble locating these, for me they were shuffled back into earlier storage slots.  I expected them to be at the end, but nope.  And there was plenty of room.